Gbpaudsell
GBPAUD - FOREX - 03. MAY. 2021Welcome to our weekly trade setup ( GBPAUD )!
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1 HOUR
Bearish break below main sr level.
4 HOUR
Price consolidation with possible breakout shortly.
DAILY
Overall bearish market structure, looking for another break towards previous lows.
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FOREX SETUP
SELL GBPAUD
ENTRY LEVEL @ 1.79170
SL @ 1.79890
TP @ 1.78060
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
GBPAUD, 4hr tf, HnS pattern after break below trendlineIHello my friends,
GBPAUD just break below the trendline which supported it for the last 3 months since January 2021.
Price right now retesting it as resistance and there is also descending trendline which will now become the resistance for this pair.
It looks like price making a Head and shoulders pattern and the measured objective of this pattern is around 440 pips counting from the top of the head to the neckline.
Price already broken below the trendline and i think this upwards movement is only a retracement to test the resistance.
We might see price continue going south in the coming days.
Sell GBPAUD 1.7940
Stop loss 1.8020 (80 pips)
Take profit 1 at 1.7600 (340 pips)
Take profit 2 at 1.7440 (500 pips)
RR Ratio 1 : 6.25
Use only 1-2% risk
Good luck
GBP/AUD New Short Setup To Catch This 500 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPAUD: Very long period short on Monthly TFHi Traders,
This is my view on this cross for the next months
#GBPAUD
SELL 1.78
SL 1.86
TP 1.45
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Pietro from Trading Kitchen
GBPAUD FLIPPED BIAS : SHORT !After about four months of GBPAUD rebound from the last dip of December 2020, GA struggled continuosly with weak price action to gain bullish momentum but was able to pull price up from December lows of 1.7400. GA was quite bullish for a while and technical analysis was indicating bulls could move price into 1.85 highs but this was cut short last week when price massively rejected 1.82900 resistance and started to dump back below.
Looking Forward to the coming weeks ahead, I expect the start of a downtrend/bearish continuation from a longterm perspective for GA. Currently on the chart, price is sitting at 1.79 which holds some massive support strength, if this zone is broken and price slides i see GBPAUD going back into 1.75600 level as a predicition.
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.
Goodluck !
GBP/AUD Finally Closed Below Up Trend Line And Short Trade ReadyFx_Elite_Support,
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions